Clarification of News Release dated April 26, 2004
The Company previously reported that the flushawayTM brand of feminine hygiene products was being piloted at a major U.S. retailer with more than 3,000 stores. The U.S. retailer that participated in the pilot program was an entity other than Wal Mart. The identity of the retailer has not been disclosed as the Company has not obtained consent from the retailer. The pilot program was conducted solely by Premier and was a one-time event achieving mixed results. The Company also reported that "recent critical testing by an independent U.S. laboratory indicates flushawayTM is ready for the U.S. market and capable of competing". The Company wishes to report that the entity that performed the independent testing was Shuster Laboratories, Inc. of Canton, Massachusetts, U.S.A, an independent testing laboratory.
Clarification of News Release dated June 2, 2004
The Company previously reported that Wal Mart has ordered the flushawayTM product from Dr. Fresh, Inc. ("Dr. Fresh"), a distributor for the Company's flushawayTM product, to be sold in certain Wal Mart stores in the U.S. The Company wishes to report that, pursuant to this initial order, the Company attained sales of $140,295. The Wal Mart order was produced and shipped during May 2004.
Clarification of News Release dated August 18, 2004
The Company previously reported that Dr. Fresh submitted a second order for the Company's flushawayTM product to be shipped to Wal Mart. Pursuant to this re-order, Dr. Fresh acquired 1,690 cases for total sales to the Company of CDN$30,000. The second order is expected to be produced and shipped by the end of October 2004. The Company wishes to report that the distribution of it's flushawayTM product remains at approximately 45% of participating Wal Mart stores.
Clarification of News Release dated September 8, 2004
The Company previously reported that it had entered into distribution and manufacturing agreements with Hong Kong Champion International Holdings Ltd. ("HKC"). HKC was reported to be "a consortium of well established Chinese companies". HKC is, in fact, owned by four individuals each of whom is active in the Chinese business community and are senior executives and principals in more than 10 large Chinese enterprises.
U.K. Sales Listings
The Company has recently been verbally advised that its flushawayTM product is no longer being stocked for sale in the Boots and Sainsburys stores in the U.K. The Company is continuing negotiations with Boots to maintain its listing. The Company's product is still sold in Waitrose stores in the U.K. The Company will continue to develop its flushawayTM product and will continue to pursue placing its flushawayTM product in various retailers in the U.K.
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